Minnova Corp. (CVE:MCI – Get Free Report)’s stock price traded down 8.7% on Monday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 260,000 shares changed hands during mid-day trading, an increase of 91% from the average session volume of 136,396 shares. The stock had previously closed at C$0.23.
Minnova Stock Down 7.1%
The business’s 50-day simple moving average is C$0.24 and its 200 day simple moving average is C$0.28. The firm has a market capitalization of C$23.74 million, a P/E ratio of -4.88 and a beta of 2.85.
Minnova Company Profile
Minnova Corp. engages in the exploration and evaluation of mineral properties. The company operates in two segments, Mineral Exploration and Renewable Energy. It primarily explores for gold. The company holds 100% interests in the PL Gold mine and the Nokomis property located in Manitoba. It also engages in the research and development of biomass gasification technology to produce renewable energy. The company was formerly known as Auriga Gold Corp. and changed its name to Minnova Corp. in June 2014.
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